Jerash Holdings Us Stock Probability of Future Stock Price Finishing Over 7.3

JRSH Stock  USD 3.06  0.03  0.99%   
Jerash Holdings' future price is the expected price of Jerash Holdings instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Jerash Holdings US performance during a given time horizon utilizing its historical volatility. Check out Jerash Holdings Backtesting, Jerash Holdings Valuation, Jerash Holdings Correlation, Jerash Holdings Hype Analysis, Jerash Holdings Volatility, Jerash Holdings History as well as Jerash Holdings Performance.
  
As of now, Jerash Holdings' Price To Operating Cash Flows Ratio is decreasing as compared to previous years. The Jerash Holdings' current Price To Free Cash Flows Ratio is estimated to increase to 11.22, while Price Earnings Ratio is projected to decrease to 11.21. Please specify Jerash Holdings' target price for which you would like Jerash Holdings odds to be computed.

Jerash Holdings Target Price Odds to finish over 7.3

The tendency of Jerash Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 7.30  or more in 90 days
 3.06 90 days 7.30 
close to zero percent
Based on a normal probability distribution, the odds of Jerash Holdings to move over $ 7.30  or more in 90 days from now is close to zero percent (This Jerash Holdings US probability density function shows the probability of Jerash Stock to fall within a particular range of prices over 90 days) . Probability of Jerash Holdings US price to stay between its current price of $ 3.06  and $ 7.30  at the end of the 90-day period is about 25.91 .
Given the investment horizon of 90 days Jerash Holdings has a beta of 0.34. This indicates as returns on the market go up, Jerash Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jerash Holdings US will be expected to be much smaller as well. Additionally Jerash Holdings US has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Jerash Holdings Price Density   
       Price  

Predictive Modules for Jerash Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jerash Holdings US. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jerash Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.653.064.47
Details
Intrinsic
Valuation
LowRealHigh
1.643.054.46
Details
Naive
Forecast
LowNextHigh
1.763.174.58
Details
3 Analysts
Consensus
LowTargetHigh
9.4010.3311.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jerash Holdings. Your research has to be compared to or analyzed against Jerash Holdings' peers to derive any actionable benefits. When done correctly, Jerash Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jerash Holdings US.

Jerash Holdings Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Jerash Holdings is not an exception. The market had few large corrections towards the Jerash Holdings' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Jerash Holdings US, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jerash Holdings within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.03
β
Beta against NYSE Composite0.34
σ
Overall volatility
0.08
Ir
Information ratio -0.08

Jerash Holdings Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Jerash Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jerash Holdings US can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Jerash Holdings US generated a negative expected return over the last 90 days
About 51.0% of the company shares are held by company insiders
On 23rd of February 2024 Jerash Holdings paid $ 0.05 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Saif Ibrahim H. of 4500 shares of Jerash Holdings subject to Rule 16b-3

Jerash Holdings Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Jerash Stock often depends not only on the future outlook of the current and potential Jerash Holdings' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Jerash Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding12.7 M
Cash And Short Term Investments17.8 M

Jerash Holdings Technical Analysis

Jerash Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Jerash Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jerash Holdings US. In general, you should focus on analyzing Jerash Stock price patterns and their correlations with different microeconomic environments and drivers.

Jerash Holdings Predictive Forecast Models

Jerash Holdings' time-series forecasting models is one of many Jerash Holdings' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Jerash Holdings' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Jerash Holdings US

Checking the ongoing alerts about Jerash Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jerash Holdings US help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Jerash Holdings US generated a negative expected return over the last 90 days
About 51.0% of the company shares are held by company insiders
On 23rd of February 2024 Jerash Holdings paid $ 0.05 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Saif Ibrahim H. of 4500 shares of Jerash Holdings subject to Rule 16b-3
When determining whether Jerash Holdings US offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jerash Holdings Us Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Us Stock:

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When running Jerash Holdings' price analysis, check to measure Jerash Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Jerash Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jerash Holdings. If investors know Jerash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
0.2
Earnings Share
(0.07)
Revenue Per Share
9.516
Quarterly Revenue Growth
(0.36)
The market value of Jerash Holdings US is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.